Artikel

Aligning Financial Systems to Meet the Needs of Citizens and Enterprises

The European Commission's current initiative to commence consultations on the action plan to build a Capital Markets Union is to be welcomed. The objective must be to create a stable and sustainable financial system, providing all households and companies with appropriate access to financial services. Measures implemented in connection with the aspired-to Capital Markets Union must in no way weaken the classic bank loan and bypass the needs of companies. What is important in the first instance is a critical review of existing financial market regulation. The objective should be an integrated regulatory framework, avoiding regulatory duplication and inconsistencies, while taking account of cross-references to the respective regulations.

Language
Englisch

Bibliographic citation
Journal: Vierteljahrshefte zur Wirtschaftsforschung ; ISSN: 1861-1559 ; Volume: 86 ; Year: 2017 ; Issue: 1 ; Pages: 69-79 ; Berlin: Duncker & Humblot

Classification
Wirtschaft
Household Saving; Personal Finance
Finance in Urban and Rural Economies
Subject
Bank-based system
bank lending
capital market
corporate financing
decentralized financial institutions
economic development
financial industry
financial market regulation
household saving
market-based system
proportionality

Event
Geistige Schöpfung
(who)
Schackmann-Fallis, Karl-Peter
Scheffler, Sonja
Event
Veröffentlichung
(who)
Duncker & Humblot
(where)
Berlin
(when)
2017

DOI
doi:10.3790/vjh.86.1.69
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Schackmann-Fallis, Karl-Peter
  • Scheffler, Sonja
  • Duncker & Humblot

Time of origin

  • 2017

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